Which type of plan has the least flexibility and why? - Vidyadip

Question

Which type of plan has the least flexibility and why?

✓

Answer

Rule has the least flexibility because they are specific statements which allow no discretion or compromise and attach a penalty for violation.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Planning→Planning — all question types→Business Studies STD 12 Commerce question papers→CBSE Board STD 12 Commerce question papers→CBSE Board question paper generator→

Similar questions

Give an example of negative form of motivation.

Define 'pricing of a product'.

"Ranbaxy Ltd. has been earning handsome profits since last 15 years. Company enjoy fair goodwill in the market, so company can easily arrange debt as well equity from the market, whenever needed. Therefore company decided to declare dividend with a hike of $15 \%$ from last year."Which two components affecting dividend decision have been highlighted in the above paragraph.

What are financial decisions?

What is included in 'Political Environment' of business? State.

___________ means freeing of Indian industry from all unnecessary government controls and restrictions.

State the features of informal organisation.
Or
The employees of Manav Ltd, have formed a dramatic group for their recreation. Identify the type of organisation and explain it briefly.

What information we get through workload analysis?

Give any two reasons why staffing is needed in an organisation.

Give any two components of physical distribution.